Tag: APAC Market Corner

Asia closing market notes : riding the risk rollercoaster

The markets are riding the risk roller coaster as headline overload has been dominating the Asian session. First, the USTR tariff announcement had a bit more sting than expected due to the graduated settings 10 per cent now then up to 25 per cent in January on 200 bln. Which suggests the US is looking […]

Seeing the forest for the trees

Seeing the forest for the trees With trade war dominating the landscape, even more so after this morning’s US tariff headline, it’s easy to focus on markets from a one-dimensional perspective. But cross-asset trading is multidimensional and observing the more granular details can offer much-needed clarity in these difficult times. US Markets Certainly, Trade war […]

Another 200 billion in tariffs looks more likely than not

Another 200 billion in tariffs looks more likely than not. Happy to hear that markets in Hong Kong are expected to start trading on Monday after Mangkhut roared through the City. But more significantly friends and colleagues are all safe!! Now for the nuts and bots. As many had suspected, despite Treasury Secretary Mnuchin’s attempts […]

Redux 2013, India’s currency measures

India has decided to curb the import of “non-essential items” and take further measures to boost exports as New Delhi seeks to reduce its widening current account deficit and shore up its rapidly depreciating currency.   Financial Times Stephen’s View: INR was supported via FPI’s on  Friday after catching a tailwind from CTB’s aggressive rate […]

Battered and bruised

Battered and bruised It was a tough week for the markets leaving many participants battered and bruised, but the great thing about this industry, is we get to do it all over again next week. US 10y yields went on to test 3.0% Friday after a string of constructive  US data, and Fed speaks supported […]

Super Thursday, indeed

Super Thursday, indeed Super Thursday for some but a Topsy-Turvy one for others. Of course, much of that had to do with what side of the US dollar coin you were on. Hope springs eternal for emerging markets anytime the US dollar weakens and yesterday was no exception. As indeed the stars aligned for emerging […]

Asia market midday market note

Hang Seng Index After a positive start during the morning trading session, risk continues to wobble on the heavily subscribed HSI. Don’t mistake short side profit-taking for a reverse in negative sentiment as this market is far from bullish on Asia risk. Despite positive developments on the US-China trade front, the playbook remains unchanged, and […]

Gold shines as the dollar fades

– Gold prices on Thursday held steady near a more than one-week high hit in the previous session, with hopes for a new round of U.S.-China trade talks weighing on the dollar. Gold prices have fallen nearly 12 percent since a peak in April amid intensifying global trade tensions and under pressure from rising U.S. […]

Edge of the seat type stuff !

Edge of the seat type stuff! US Markets After wobbling most of the day in extremely choppy markets, the US equity market finished mostly higher supported by higher oil prices and news that the US has formally sent an invitation to China to resume trade talks. But festivities were tempered as the market gave a […]